CIA Director Mike Pompeo failed to disclose links to a company owned by the Chinese government during his 2017 confirmation. The CIA defended Pompeo’s omission saying, “He would have no reason to know details on…
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LVMH Sets Upbeat Tone for Luxury Brands
LVMH moved to ramp up its e-commerce business across its stable of brands last year with new sites for its Celine handbags and Berluti shoes, the first online store in China for its largest brand,…
China-Based CLPS Files For $14 Million U.S. IPO
CLPS (CLPS) intends to raise $14 million from the sale of its common stock in a U.S. IPO, according to an F-1 registration statement. The firm provides legacy financial institutions in China with a range…
The big multinational brands kowtowing to China
A couple of years ago, a satirist on Taiwan, the democratic self-governing island that China claims as a province, created an online “Apologise to China” contest. Shortly before, an 18-year-old Taiwanese pop singer named Chou…
Samsung’s Market Share in China is Now 0.8% Only
According to a recent market study carried out by Strategy Analytics, the South Korean held on to 12 th spot in China in the fourth quarter of 2017. Currently, the only foreign company that has…
The Future of Retail is Happening Right Now in China
For nearly 19 years, it has built the backbone of China’s giant e-commerce machine, essentially creating a “move-in” environment for brands, as well as an engaging discovery and frictionless purchase process for shoppers. As a…
How to command price premium in China
In China market today, “consumption upgrading” is a buzzword … it might be better quality, quicker delivery, better brands, smarter functions, or a combination of various factors. Behind this change is the fact that more…
Tech firms take the IPO limelight
Walter Zhang, PwC China Assurance Partner, said: “Chinese TMT IPOs maintained strong momentum over the year, with the total proceeds doubling year-on-year. The number of TMT IPOs also grew by 50 percent from 2016.” However,…
Trump’s Tariff Threats Are Working On China
Most of those fake goods are American brands. Alibaba, like the Chinese consumers it serves, prefer the American brands. China would be hurting those tech companies by making American brands more expensive. China has also…
Chinese International Students Are the New Brand Champions
With first-hand access to the latest trends from a wide variety of luxury brands, Chinese students abroad have become unofficial opinion leaders for their friends and peers back home. According to a survey conducted by…
Brands Are Chewing Through Digital Agencies in China
Choosing a digital agency in China is difficult. The right agency could lead to massive success, but the wrong one could waste money, time, and energy. Many brands are struggling to find the right agency.…
China opens up car market to foreign manufacturers as Xi calms trade war talk
Chinese president Xi Jinping has pledged to open up his country’s car industry to foreign manufacturers, improving access to the world’s largest vehicle market. In a speech seemingly designed to defuse growing trade tensions between…
China’s Sinochem hires banks for $2 billion IPO of oil assets: sources
BEIJING/HONG KONG (Reuters) – China’s Sinochem Group has hired seven banks to manage a $2 billion Hong Kong stock listing of its key oil assets, three people said, as the state-owned firm shifts to higher-value…
